Price Situation in Batangas
The data presented herein were based on the results of the
Consumer Price Index (CPI) is an indicator of the change in the average retail prices of goods and services commonly purchased by the household for their day-to-day consumption.
•The Consumer Price Index (CPI) of Batangas for the month of
•The price rise rapidly by
•Alcohol Beverages and Tobacco exhibited the
•Meanwhile, Recreation and Culture showed negative index point change.
Inflation Rate is the percentage increase or decrease in prices during a specific period usually a month or a year.
•The inflation rate in the province was registered at
•It extremely increase by
Market basket refers to a sample of goods and services used to represent all goods and services bought by a particular group of consumers in particular area. Base period, usually a year, is the reference period of the index number. It is the period at which the
•In all commodity, Alcoholic Beverages and Tobacco gained the highest commodity
•Followed by Restaurant and Miscellaneous Goods and Services with
•Still, Communication commodity remained lowest
Food and Non Alcoholic Beverages
■Prices of consumer items in the province recorded at
■Compared to last month,
■Bread and Cereals, Rice, Corn, Other Cereals, Flour, Cereal Preparation, Bread, Pasta and Other Bakery Products, Meat, Milk, Cheese and Eggs had zero growth during the month.
■In contrast the commodity of
■Meanwhile, Food and Non-Alcoholic Beverages item Fish showed –
■Over all Non-food exhibited an
■Item for Housing, Water, Electricity, Gas and Other Fuels particular with Electricity, Gas and Other Fuels gained the
■Meanwhile, index point change of Goods and Services for Routine Household
■The rest of commodity group remains stable during the month.
Purchasing Power of Peso (PPP) is a measure of the real value the peso in a given period relative to a chosen reference period. It is computed by getting the reciprocal of the CPI and multiplying the